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Answer ALL questions in this section. Describe the principles of corporate governance and discuss how effective governance contributes to financial stability and investor confidence. (

Answer ALL questions in this section.
Describe the principles of corporate governance and discuss how effective governance
contributes to financial stability and investor confidence.
(6 marks)
Define and distinguish between financial accounting and management accounting. (6 marks)
Explain possible reasons for the following:
a. An increase of gross profit from 24% to 27% at ATM Supermarket.
(6 marks
b. A decrease in Return on Capital Employed from 16% to 12% at a cement manufacturing
firm.
(6 marks)
c. A gross profit margin of 55% and a net profit margin of 5%
(6 marks)
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